Switzerland : 2005 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Switzerland.

This 2005 Article IV Consultation highlights that the Swiss economy has returned to growth with supportive external demand and domestic policies. However, the recovery has been fragile, and business indicators suggest that activity is currently experiencing a soft patch. The IMF staff projects growt...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2005.
Series:IMF Staff Country Reports; Country Report ; No. 2005/190
Online Access:Full text available on IMF
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520 3 |a This 2005 Article IV Consultation highlights that the Swiss economy has returned to growth with supportive external demand and domestic policies. However, the recovery has been fragile, and business indicators suggest that activity is currently experiencing a soft patch. The IMF staff projects growth of 1u percent in 2005, from 1.7 percent in 2004, with some risks on the downside if demand from partner countries were to falter. Potential growth is estimated at 1 1\2 percent and is projected to decline in the medium term to 3/4 percent as a result of population aging. 
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